Birmingham, Alabama Bank Gives SBA Loan to Ortho 360, Llp, Stanton J. Henry, Dds, Pa,

Thinking about meeting with a Birmingham, Alabama bank about an SBA loan? Here's one Texas business loan, issued by a Birmingham bank, that was approved by the SBA.

Applying for an SBA loan with Compass Bank worked out well for our friends at Ortho 360, Llp, Stanton J. Henry, Dds, Pa, in Austin, Texas. They got an SBA loan for $675,000. Nice!

SBA Loan Borrower

Ortho 360, LLP, Stanton J. Henry, DDS, PA,
10510 W. Parmer Lane, Suite
Austin, TX 78717

SBA Loan Lender

COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Offices of Dentists

Loan Approval Date

9/12/2006

Loan Approval Gross Amount

$675,000

Loan Approval from the SBA

Of the total $675,000 loan amount, the SBA guaranteed $506,250.

More Information on This SBA Loan

The borrower, Ortho 360, Llp, Stanton J. Henry, Dds, Pa,, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Ortho 360, Llp, Stanton J. Henry, Dds, Pa, did when it applied for and received this $675,000 loan. Remember, things become real when you believe you can achieve them!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

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